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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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Jan 27, 2013
01/13
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CSPAN2
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eye 119
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and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are. for us conservatives will argue our objective is to elevate everybody by increasing prosperity, by unleashing the private sector from overbearing government regulation so everybody can prosper. we believe there's an unlimited ability for prosperity. the left believes it's a fixed amount and everybody gets a slice. that's not how we see things. you don't hear the laughter ticket waiting a response to that discussion because what obama wants to do is force redistribution. if you are honest about that, his goals of not just equalize the number one, they're putting them down because that's what happe
and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are....
SFGTV2: San Francisco Government Television
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Jan 28, 2013
01/13
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SFGTV2
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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Feb 1, 2013
02/13
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CNBC
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >>> welcome back. so remember when president obama's union croonies publicly supported obama care package? that was then. now that big labor has actually had a chance to read the
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little...
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Jan 30, 2013
01/13
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FOXNEWSW
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turns out you the tax payer you got a terrible deal. those details when we come back. >> plus what happens to a building when the earth be row it disappea -- below it dispier. >> welcome back. 45 after the hour. let's span the globe to see what's in the headlines overseas. money head to do the war torn country. president obama says that additional humanitarian money will be used for food and clean water. now to china. a massive sink hole swallowing up a huge building complex. that hole over 3,000 square feet and 33 feet deep. under ground construction on the subway line likely to blame. incredibly no one was hurt. >> thank you, heather. initial estimates for the taxpayers for the financial bailout at $22 million. estimates show the loss is even bigger. fox business network diane macedo has more. >> the inspector general for the asset release program says in the new report taxpayers stand to lose $27 billion from the 2008 financial bailout. 5 billion more than estimated in the fall. why the increase? according to the report the treasury
turns out you the tax payer you got a terrible deal. those details when we come back. >> plus what happens to a building when the earth be row it disappea -- below it dispier. >> welcome back. 45 after the hour. let's span the globe to see what's in the headlines overseas. money head to do the war torn country. president obama says that additional humanitarian money will be used for food and clean water. now to china. a massive sink hole swallowing up a huge building complex. that...
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Feb 1, 2013
02/13
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sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict the country added jobs last month but not enough to buck the unemployment rate from its current 7.8%. >> it's been a slow process. >> latoya patrick is one of america's estimated 12 million unemployed workers. she's been looking for a job since the fall after graduating with a master's degree. >> i'm not going to lie. it's been really tough sometimes. when you're home, you feel like you feel like you know i spent all this time going to school and it's like nobody's giving you a chance. >> economists say until more people like latoya find jobs the
sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly...
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Jan 31, 2013
01/13
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CNNW
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zero fat. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. house will end its jobs council today. in a statement, the obama administration says in part, quote, the jobs council has always intended to have a two-year charter. its charter expires today. that group back in 2011 was chaired by jeff gimholt and comes one day after the latest jobs report comes out tomorrow. we'll see if it's a mistake or not. >>> talking about mistakes, even if -- even if it's a mistake, it's my mistake. i'd just rather live my truth and take the backlash. those are the words of superstar sing rihanna who in an interview with "rolling stone" confirms what many people have long suspected that she is indeed back with her former boyfriend chris brown. the two appeared publicly last month at a lakers
zero fat. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. house will end its jobs council today. in a statement, the obama administration says in part, quote, the jobs council has always intended to have a two-year charter. its charter...
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Jan 29, 2013
01/13
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MSNBCW
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this is going to cost them tax wrshz this is going to cost them a significant weight. after they do all of that, the only thing they're going to have access to is the opportunity to apply for a green card. >> no word if undocumented immigrants will also need to walk on coals or eat fire before being considered for citizenship. for republicans the road to reform is indeed a long one, and they must start with the very basics. yesterday a top republican super pac, the american action network sent house republicans a memo outlining tonally sensitive language regarding immigration reduce. do use undocumented immigrant. don't use the word illegals. >> illegals. >> illegals. >> illegals. >> illegals. >> also, forget that you ever used the phrase anchor baby. >> it's probably not the case for an anchor baby that gets citizenship. >> what we refer to as anchor baby. >> the impact of the anchor baby industry. >> created this issue of anningor babies. >> finally, in case you were a fan of the phrase send them all back and electric fence, unlearn them quickly. no mention in the me
this is going to cost them tax wrshz this is going to cost them a significant weight. after they do all of that, the only thing they're going to have access to is the opportunity to apply for a green card. >> no word if undocumented immigrants will also need to walk on coals or eat fire before being considered for citizenship. for republicans the road to reform is indeed a long one, and they must start with the very basics. yesterday a top republican super pac, the american action network...
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Jan 31, 2013
01/13
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WBAL
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income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >> reporter: moving 200 more officers from behind their desks to the streets. >> if i have to put a policeman here, 24 hours a day, 7 days a week, 365, we're going to make a point that this territory belongs to the community. >> i'm hadiya, year 2015. >> reporter: the victims have names and families. 15-year-old honor student, hadiya pendelton, has become the latest face of violence in this city. in sixth grade, she took part in an anti gang video. >> your job is to say no to gangs and yes to a great future. >> reporter: despite by laws that prohibit gunshots within city limits, more than a
income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >>...
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tax code stated that it pasty would only be taxed if it was sold at above ambient temperatures critics say the system is simply too chaotic britain has one of the most complex. jobs increases problems and it lowers wages so the timing from the rising cost of the show many times in greece is. difficult for them it's clear that the british government is in desperate need of cash to deal with the dismal public finances which means that by trimming a little bit of tax here and adding more tax burden there by twenty fifteen the u.k. treasury hopes to get an extra eighty four billion pounds in tax compared with the year before they came to power but critics say that once again is the british public which ends up out of pocket. r.t. london. next. british authorities are handling the financial crisis and how they've tried to manipulate public perception. i. well gary's government is expected to block the russian finas construction of a new nuclear power plant this comes after a national referendum voted in favor of the project the vote however was invalidated due to a low turnout bulgaria's al
tax code stated that it pasty would only be taxed if it was sold at above ambient temperatures critics say the system is simply too chaotic britain has one of the most complex. jobs increases problems and it lowers wages so the timing from the rising cost of the show many times in greece is. difficult for them it's clear that the british government is in desperate need of cash to deal with the dismal public finances which means that by trimming a little bit of tax here and adding more tax...
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Jan 29, 2013
01/13
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. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit card at the checkout. these fees are all part of a settlement from the 2005 lawsuit between visa, mastercard and nine banks. ten states passed a law that bans this checkout fee. some retailers, though, are saying they're not automatically going to apply this so it's probably a good idea to check before you swipe the next time. >> you don't find out unless you go through a fine tooth comb on your account. >>> it's 4:42. less than a week ago, we had temperatures in the teens overnight. soon it's going to feel a lot more like april around here. howard is up next to tell us why. >> a consumer alert for ravens fan
. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit...
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by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the conservative movement would step out of the bubble and they'd see that giving more money to working people actually does help the economy a new jersey policy perspective analyzed the economic economic impact in new jersey of raising the minimum wage and found it would lead to an economic boom it would mean four hundred thirty nine million more dollars in the hands of working people in that state that would increase economic activity by two hundred seventy eight million dollars in the first year an equivalent of two thousand four hundred twenty new full time jobs would be. created all this from rai
by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the...
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Jan 26, 2013
01/13
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MSNBC
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he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a half. and ryan needs $800 billion. is ryan really going to cut all that by half, by more than half? that would be the most unpopular budget in history, it would be a disaster. or would the republican party change their promises and cut into medicaid or social security in the next ten years? this is what they have backed themselves into, these choices. there is a reason why ryan, who is really a conservative guy, who is trying to create a budget, that was a genuinely conservative guy, if you're not raising taxes you can't do i
he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a...
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Feb 1, 2013
02/13
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KRCB
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filibustering in the senate, feel that it's way more important to further reduce the trivial inheritance tax on the wealthiest one tenth of 1 percent than it is to address the millions of unemployed who have needs that are not being met. and of course you could pair this-- (applause) >> in different ways. we really have to take stock of the fact we're not doing justice by our education system, by our infrastructure, by our research and development, by the policies that are needed to lift up the people of this country. and no government doesn't have to do everything. of course. we understand that. but you know, the idea of declaring the wealthiest few in the country, the job creators, well, the job creators are the people who either do or do not have money to go to the stores and purchase things and to for their families. and when they can't the economy sinks. >> rose: i want to talk about all of those, whether the digital revolution, but with washington we just had an election. >> yeah. >> rose: president obama re-elected. we see now some movement towards immigration reform. >> yeah. >> rose
filibustering in the senate, feel that it's way more important to further reduce the trivial inheritance tax on the wealthiest one tenth of 1 percent than it is to address the millions of unemployed who have needs that are not being met. and of course you could pair this-- (applause) >> in different ways. we really have to take stock of the fact we're not doing justice by our education system, by our infrastructure, by our research and development, by the policies that are needed to lift...
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Jan 30, 2013
01/13
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CNN
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the state's considering enacting a 50% tax on ammunition, expanding a state ban on assault weapons, and banning large capacity magazines like the one used by adam lanza in the newtown shooting. this single mother from waterbury believes those changes would be going too far. >> you will take away my legal ability to protect myself and my children at a reasonable price. protecting myself and my children means i should continue to be able to select the firearm and magazine size that i believe will keep us safe. don't my children and i deserve your support, your consideration to be safe? >> not one of these gun proposals would have impacted this heinous act, nor will it affect future perpetrators. these current quick-fix, do-something bills do not address the root cause and actions of the newtown criminal. please remember gun owners are the good guys. >> reporter: the rabbi counseled many of the newtown families. >> this is serious. i do not want to come here or at any other city to describe what it's like to console parents who have had their childrens' brains shot out. >> reporter: mark m
the state's considering enacting a 50% tax on ammunition, expanding a state ban on assault weapons, and banning large capacity magazines like the one used by adam lanza in the newtown shooting. this single mother from waterbury believes those changes would be going too far. >> you will take away my legal ability to protect myself and my children at a reasonable price. protecting myself and my children means i should continue to be able to select the firearm and magazine size that i...
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Feb 1, 2013
02/13
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CSPAN2
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these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time, these things can get confusing. we don't want to take anyone's freedom away to make his or her own decision about this. automatic enrollment, or automatic changes are default position said that her reflect the reality of an individual may be one promising further separate to take a new senior advice about what they should be as once said. it was this simple form because that's what i'm thinking. i wonder what happened if i invited to to write a fluorescent admitted to us. let's say you're about to go into business. dr. madrian compasses that she what
these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time,...
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that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l a times or any other article big government thinks that this is also going to diminish risky behavior by banks toure's that's it for your take my take alive thanks for all your calls and if we didn't get your calls tonight try is back next week. coming up all across america republicans are working to hard to corrupt our democracy and to rig the twenty sixteen election how could reforming the american voting process help to put integrity back into our democracy. let me let me i want to wouldn't let me ask you a question from. here on this network is
that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l...
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Jan 29, 2013
01/13
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>> one thing, that become eligible for the earned income tax credit and the additional child tax credit. right now, illegal immigrants don't generally get it. there is fraud. but they total over $70 billion, illegals are excluded and now we can expect them to get $10 or $15 bill wherein from the programs. it goes to workers who don't make much, people with large families in particular benefit from the program. that's one example. other examples, you wouldn't be eligible for medicaid or obamacare, now with obamacare or medicaid, the health insurance program for poor people, now you would be eligible. >> that's a big number. that could be as high as tens of billions of dollars. we have to leave it there. thank you, sir. >> thank you. >> we put more boots on the ground, on the southern border than at any time in our history. today, illegal crossings are down nearly 80% from their peak in 20. >> the white house claims border security is better than ever. is it? a lawsuit just allowed to move forward, claims the administration is ordering border agents to look the other way. in response, ala
>> one thing, that become eligible for the earned income tax credit and the additional child tax credit. right now, illegal immigrants don't generally get it. there is fraud. but they total over $70 billion, illegals are excluded and now we can expect them to get $10 or $15 bill wherein from the programs. it goes to workers who don't make much, people with large families in particular benefit from the program. that's one example. other examples, you wouldn't be eligible for medicaid or...
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Jan 31, 2013
01/13
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CSPAN
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guest: dealers can explain the tax credit that exists for consumers. it is important to keep a variety of options available for consumers. if we are going to meet the 2025 standards of 52.5 miles per gallon, it is going to take not just more hybrid vehicles, but it will also take continued improvement in the efficiency of the internal combustion engine, and companies are focused on that. when you walk around the auto show, they will have exhibits that show some of the things they're doing that make the traditional gasoline-powered engine even more efficient and increase gas mileage. host: next call from matt blunt, president of the american automotive policy council -- dug in syracuse, new york. caller: good morning. mr. blunt, i wonder if you could explain to the american taxpayer and consumer why the taxpayer bailout should not be totally paid back by the government, to the government, by the big three auto makers. guest: you know, the government has an ownership stake in general motors today. they have worked with the government, a general motors an
guest: dealers can explain the tax credit that exists for consumers. it is important to keep a variety of options available for consumers. if we are going to meet the 2025 standards of 52.5 miles per gallon, it is going to take not just more hybrid vehicles, but it will also take continued improvement in the efficiency of the internal combustion engine, and companies are focused on that. when you walk around the auto show, they will have exhibits that show some of the things they're doing that...
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Jan 30, 2013
01/13
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WRC
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they'd have to pay back taxes and pass a background check among other requirements. opponents to the plan worry that it doesn't do enough to beef up security at the border. they say millions of additional undocumented immigrants could be in this country in a few years without tighter security. >>> super bowl sunday is just around the corner and that means the big easy is boosting security throughout the city. the city of new orleans is adding 1300 federal agents and 270 extra state troopers. there will also be coast guard ships on the lower. river homeland secretary janet napolitano will hold a press conference with the nfl later today. the 150,000 super bowl fans packing the city, the police are dealing with the annual buildup of mardi gras where thousands flock to the french quarter in new orleans. >>> the number of children being diagnosed with adhd is on the rise. we'll take a look at what's causing that. >>> plus, >> announcer: you're watching "news4 midday." >>> it appears twinkies won't be going away after all. two investment firms that started the bidding to
they'd have to pay back taxes and pass a background check among other requirements. opponents to the plan worry that it doesn't do enough to beef up security at the border. they say millions of additional undocumented immigrants could be in this country in a few years without tighter security. >>> super bowl sunday is just around the corner and that means the big easy is boosting security throughout the city. the city of new orleans is adding 1300 federal agents and 270 extra state...
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and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are payi
and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul reya, sorry ryan. if you don't include social security and medicare on the takers list you can't get to romney's more generous 47% taker to maker ratio. if takers were just welfare recipients it was 2%. i have to tell you nobody ever won an election demonizing such a small percentage of americans. well, hardly anyone. [ laughter ] the idea that republicans characterized even social security and medicare as halmakes of a takers society -- hallmarks of a taker society i'll let the speakers describe it. >> we built it. >> you better bel
than they pay back in taxes. we're getting to a society where we have a net majority of takers versus makers. >> jon: you are defining taker as as 70% of society. that's (bleep) takers. imagine how high that percentage would be if he included social security and medicare recipients on the taker list. you don't have to imagine it because it wouldn't be higher because it includes it on the taker list, social security and medicare according to the tax foundation report sighted by a paul...
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until you find out how much they're paying their current ceo and past ceo when they're not paying any taxes. great story, great show. go time. [ ♪ theme music ♪ ] >> cenk: all right, welcome to "the young turks." so now we've got a lot of trouble in the middle east. for example in syria we have yet normas kerr. this one in alepo. at least 65 bodies found by a riverbed up to as many as 80 now people are reporting. they were brought to that school that you're seeing now and people are picking through to see who was massacred there. their hands were tied behind their backs, and they were shot in the head. now, one more story about syria iran has jumped in the mix here, in aid to the ayatollah said syria plays a very key role in supporting or god forbid destabilizing the resistance front. for this reasons an attack on syria is considered an attack on iran and iran's allies. the reason why that is devastating is if there is any action taken in syria here we go. it's a much larger war. these are not good times in the middle east, and it is significant trouble but also in egypt we have trouble
until you find out how much they're paying their current ceo and past ceo when they're not paying any taxes. great story, great show. go time. [ ♪ theme music ♪ ] >> cenk: all right, welcome to "the young turks." so now we've got a lot of trouble in the middle east. for example in syria we have yet normas kerr. this one in alepo. at least 65 bodies found by a riverbed up to as many as 80 now people are reporting. they were brought to that school that you're seeing now and...
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> at 20 minutes past the hour i'm lauren green with your fox news minute. a section of the mississippi river is closed to traffic as crews clean up a oil leak on sunday. it hit a railroad bridge near vicksburg, mississippi, spreading oily water across part of the waterway. >>> brazilian police arrested three people following the deaths of more than 20 in the nightclub fire in santa maria. the blaze reportedly started when a band member lit a flare on stage causing mass panic. the band's security chief and a member and owner of the kiss nightclub have been brought in for questioning. >>> french and mali troops sealed off timbuktu forcing islamist rebels to flee north. they seized the timbuktu airport as they look for al qaeda linked fighters hiding in the city. the rebels are retreating into the surrounding desert and mountains. those are the hea
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> at 20 minutes past the hour i'm lauren green with your fox news minute. a section of the mississippi river is closed to traffic as crews clean up a oil leak on sunday. it hit a railroad bridge near vicksburg, mississippi, spreading oily water across part of the waterway. >>> brazilian...
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...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in tennessee. here to explap is the chattanooga mayor who i think is a genius. thank you for coming on the show. we appreciate your time. >> glad to be with you. melissa: why did you decide technology was key? what made you focus on that? >> well, we had a choice of rebuilding the old electrical system that receivers the city or building something for the future, and even though it was initially more costly, we felt the future was more compelling than the past. chattanooga's an old industrial city. this is new infra
...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in...
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Jan 29, 2013
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passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local store called fresh market has a weekly special, gallons of milk for $2.99 each and every tuesday. not anymore. the state is worried such deals to drive competitors out of business. isn't that what free-market are about? if they want to compete, lower prices. if not, what consumers walk up the door. that's my "2 cents more." it's obvious. coming in tomorrow, president obama's says deficit reduction is not a goal unto itself. shouldn't it be? of every action. that's it for tonight on "the willis report." thank you for joining us. have a great night, and we will see right back here to
passed a fair tax, tax consumption, not income, taxing income is counterproductive. and it does thank you for your optimistic outlook for america. needed a lift. glass half full, my friend. finally, another example of waste, fraud, and abuse. this time from louisiana. a local newspaper in danvers talking about a little-known state law that will make residents pay more at the grocery store. alysian requires that grocers markup milk prices 6% above the invoice and shipping costs, 6%. a local...